Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027
Bitcoin miner Riot Platforms has signed a 191-megawatt information middle lease with an unnamed frontier AI lab that it expects to generate about $9.1 billion of gross contract income over a 20-year base time period. Construction money should arrive a lot sooner: the first 96 MW is anticipated to turn out to be out there…
